Newlake Financial Statements From 2010 to 2024
| NLCP Stock | USD 18.78 0.14 0.74% |
Check Newlake Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newlake Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Newlake financial statements analysis is a perfect complement when working with Newlake Capital Valuation or Volatility modules.
Newlake |
Newlake Capital Partners OTC Stock Return On Equity Analysis
Newlake Capital's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Newlake Capital Return On Equity | 0.0457 |
Most of Newlake Capital's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newlake Capital Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Newlake Capital Partners has a Return On Equity of 0.0457. This is 103.36% lower than that of the Real Estate sector and significantly higher than that of the REIT—Specialty industry. The return on equity for all United States stocks is 114.74% lower than that of the firm.
Newlake Capital Partners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newlake Capital's current stock value. Our valuation model uses many indicators to compare Newlake Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newlake Capital competition to find correlations between indicators driving Newlake Capital's intrinsic value. More Info.Newlake Capital Partners is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.66 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Newlake Capital Partners is roughly 1.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newlake Capital's earnings, one of the primary drivers of an investment's value.About Newlake Capital Financial Statements
Newlake Capital shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Newlake Capital investors may analyze each financial statement separately, they are all interrelated. The changes in Newlake Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Newlake Capital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs. Newlake Capital operates under REITSpecialty classification in the United States and is traded on OTC Exchange. It employs 7 people.
Pair Trading with Newlake Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newlake Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newlake Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Newlake OTC Stock
| 0.85 | AMT | American Tower Corp | PairCorr |
| 0.78 | CCI | Crown Castle Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Newlake OTC Stock
| 0.64 | COR | Cencora | PairCorr |
| 0.64 | AEIS | Advanced Energy Indu | PairCorr |
| 0.59 | DLR | Digital Realty Trust | PairCorr |
| 0.59 | TRCA | Twin Ridge Capital | PairCorr |
| 0.55 | APAC | APAC Old Symbol Change | PairCorr |
The ability to find closely correlated positions to Newlake Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newlake Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newlake Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newlake Capital Partners to buy it.
The correlation of Newlake Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newlake Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newlake Capital Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newlake Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Newlake OTC Stock Analysis
When running Newlake Capital's price analysis, check to measure Newlake Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newlake Capital is operating at the current time. Most of Newlake Capital's value examination focuses on studying past and present price action to predict the probability of Newlake Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newlake Capital's price. Additionally, you may evaluate how the addition of Newlake Capital to your portfolios can decrease your overall portfolio volatility.